KIRS formed as pair of M&A deals complete

The structure for new broad-based insurance group KIRS is now
fully in place after the David Ross-led holding company closed the
acquisition of Ryan Direct and Chase Templeton.
The company announced that the two additional operating entities
had joined the group, which also houses Towergate, this morning
following the successful completion of its roughly £800mn
($1.01bn) refinance.
KIRS, which is set to rebrand shortly, has backing from HPS
Investment Partners and Madison Dearborn.
The ins